Ready Retail Shop at Azizi Riviera, Meydan – Fully Paid, Below Original Price Plus DLD

Property Overview

This ready, fully paid retail shop at Azizi Riviera in Meydan is offered at AED 3,177,490 for 700 sq ft. The agent states an original purchase price of AED 3,400,000. That puts the asking price AED 222,510 (6.5%) below OP, and 10.1% below OP plus the 4% Dubai Land Department fee.

Property Highlights

• Asking price: AED 3,177,490
• Original purchase price (agent-stated): AED 3,400,000
• Saving versus OP: AED 222,510 (6.5%)
• OP plus 4% DLD fee (calculated): AED 3,536,000
• Saving versus OP plus DLD: AED 358,510 (10.1%)
• Built-up area: 700 sq ft
• Rate: approximately AED 4,539 per sq ft
• Status: ready and fully paid (agent-stated)
• Use: retail shop

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 3,400,000, from the agent brief received on 14 October 2026. The asking price of AED 3,177,490 is AED 222,510 lower, which is 6.5% of OP. The agent describes the deal as below OP plus DLD. Adding the standard 4% DLD fee (AED 136,000) gives AED 3,536,000, so the asking price is AED 358,510 (10.1%) below the seller's total acquisition cost before other fees. Dividing the asking price by 700 sq ft gives about AED 4,539 per sq ft.

This compares the price only with the seller's own purchase cost. It is not a claim that the shop is below current market value for retail space in the community.

About the Project, Developer and Community

Azizi Riviera is a French Mediterranean-inspired mixed-use community by Azizi Developments in Meydan, Mohammed Bin Rashid City, near Meydan Racecourse. The developer describes three districts: a retail Boulevard, a lagoon walk lined with eateries and boutiques, and the Les Jardins green space. A crystal lagoon of about 2.7 km runs through the community. The mix of residential buildings and street-level retail gives shops an on-site resident catchment.

Unit Details

The agent describes a ready 700 sq ft retail unit. The building number, frontage, position on the Boulevard or lagoon side, permitted trade activities and parking have not been supplied. These should be confirmed with the agent, the title deed and the developer's retail guidelines.

Payment and Transfer

The agent states the shop is fully paid, so no developer balance should remain. A ready resale normally proceeds with a Form F (MOU), a developer NOC and transfer at the Dubai Land Department. Buyers should confirm whether the shop is vacant or leased, check any existing tenancy and rent, and review the commercial service charge.

Location and Connectivity

Azizi Riviera sits in Meydan within Mohammed Bin Rashid City, close to Meydan Racecourse and with access towards Al Khail Road and Downtown Dubai. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, use, size, ready and fully paid status, asking price and original price.
• DPF-calculated figures: savings against OP and against OP plus 4% DLD, and price per sq ft.
• External research: community concept, districts and lagoon from an Azizi Developments press release (2021).
• Not supplied: building number, frontage, location within the community, occupancy or lease, permitted use, service charge and parking.